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Musk Announces Tesla's Gigantic Chip Fab Project Launch Next Week
21+ hour, 32+ min ago (345+ words) Tesla CEO Elon Musk has revealed that Tesla's so'called "Terafab" project'a monumental chip fabrication facility'will officially launch in seven days, aiming to meet surging AI chip demand by scaling production beyond supplier capacity. March 14 (Reuters) - Tesla CEO Elon Musk said…...
Mercedes in Preliminary Talks with Geely to Expand Partnership
1+ day, 21+ hour ago (144+ words) Mercedes-Benz is in early-stage discussions with Chinese automaker Geely to expand their partnership, aiming to strengthen vehicle development in China, Mercedes" largest market. March 13 (Reuters) - Mercedes-Benz has held preliminary talks with Chinese automaker Geely on expanding ties between the companies…...
Geely Wins EU Certification for Advanced Driving Assistance Tech
2+ day, 6+ hour ago (252+ words) Geely's G'ASD smart driving assistance system, developed by its Afari subsidiary, has become the first China'made assisted'driving tech to receive EU certification under new ADAS regulations. With this approval, vehicles equipped with G'ASD can be sold across EU markets without…...
Volkswagen Leads 2026 China Car Sales as BYD Slips, EV Subsidies Fade
2+ day, 47+ min ago (457+ words) In January'February 2026, Volkswagen's Chinese JVs reclaimed the No.1 spot in China's passenger vehicle market with a 13.9% share, overtaking Geely and Toyota, as EV subsidies faded and BYD plunged to fourth with a 7.1% share amid its steepest sales decline since the…...
Volkswagen Targets China Comeback with First Xpeng-Developed EV
2+ day, 6+ hour ago (514+ words) Volkswagen has commenced mass production of the ID.UNYX 08, its first model co-developed with Chinese EV maker Xpeng, aiming to reclaim market share in China with over 20 NEV launches in 2026 under a faster "in China, for China" strategy. BEIJING, March 13 (Reuters)…...
TotalEnergies Caps Oil Prices in France Amidst Market Volatility
3+ day, 4+ hour ago (167+ words) TotalEnergies will cap petrol at "1.99/L and diesel at "2.09/L in France from March 13 to month-end, citing "exceptional volatility" amid rapidly rising fuel costs. March 12 (Reuters) - TotalEnergies said on Thursday it would cap the price of petrol'at its service stations…...
Porsche Expects Margin Growth in 2026 After Challenging 2025
4+ day, 5+ hour ago (273+ words) Porsche forecasts a rebound in operating margin to 5.5%7.5% in 2026 after a collapse to about 1.1% in 2025 amid tariff pressures, China sales slump and leadership change. BERLIN, March 11 (Reuters) - German carmaker Porsche, a subsidiary of Volkswagen, expects some recovery this year, as…...
Stellantis Adopts Toyota, Bosch Technologies for New Hybrid SUVs
5+ day, 1+ hour ago (298+ words) Stellantis is leveraging hybrid technologies developed by Toyota and Bosch to equip its upcoming hybrid SUVs, signaling a strategic pivot toward hybrids amid its shift away from PHEVs and full EVs. March 10 (Reuters) - Jeep maker Stellantis is using technologies from…...
Volkswagen CEO: Middle East Conflict May Impact Premium Car Demand
5+ day, 1+ hour ago (227+ words) Volkswagen CEO Oliver'Blume says deterioration in global volatility, particularly the Middle East conflict, could dent demand for premium brands Audi and Porsche, even though supply chains are stable. The US remains key, but a 10% target share is now long'term. WOLFSBURG,…...
Renault to Launch Alpine Sports Car in Canada by 2029 | Finance News
4+ day, 19+ hour ago (202+ words) Renault's Alpine brand plans to launch its electric A110 sports car in Canada in 2029, building on current strength in France and Europe while eyeing future U.S. expansion via a flexible EV platform. GUYANCOURT, France, March 10 (Reuters) - Renault's Alpine sports car is aiming…...